When choosing a property management company in Dubai, the following aspects should be considered: Reputation and client reviews Experience in the market and possession of relevant licenses Transparency of contract terms and financial reporting Quality of service and tenant support If your previous experience with Holiday Homes was negative, pay attention to reviews, experience, and transparency of terms in a new company, such as Shellgrow.
Shellgrow offers a full range of property management services, including:
- Scoring - calculating property profitability before purchase and providing investment recommendations - Interior design solutions and furnishing of apartments
- Property marketing and advertising
- Managing bookings and calendars
- Financial reporting
- Conducting inspections and maintaining property conditions
- Interaction with tenants, resolving issues, and problem-solving
- Concierge services
- Property insurance
- Inheritance matters and will preparation
Property management companies in Dubai charge a fee for their services, usually in the form of a commission, which typically amounts to 20% of income for short-term rentals.
Mid-term rental – the flagship product of Shellgrow – offers a reduced management fee of up to 15%, and when combined with short-term rental, it provides the highest return on investment in the market.
Mid-term rental refers to the leasing of a property for a period ranging 3, 6, 9 and 12 months. It serves as an intermediate option between short-term rental (up to 1 month) and long-term rental (from 1 year). Mid-term rental combines the advantages of both types and helps property owners avoid the risks associated with long-term Ejari contracts and short-term daily rentals.